infoTECH News

[December 28, 2012]

2013 Predictions countdown from Infosecurity Europe

Dec 28, 2012 (M2 PRESSWIRE via COMTEX) --
Corey Nachreiner, Director of Security Strategy at WatchGuard, predicts:
A Cyber Attack Results in a Human Death
WatchGuard hopes it is wrong in this prediction. But with more computing devices embedded in cars, phones, TVs and even medical devices, digitally dealt death is not only possible, it's plausible. Security is still often an afterthought when developing innovative technical systems. Criminals, hacktivists, and even nation-states are launching increasingly targeted cyber-attacks and most recently, a researcher even showed how to wirelessly deliver an 830 volt shock to an insecure pacemaker.

Malware Enters the Matrix through a Virtual Door
Last year was the first real-world instance of malware that sought out virtual machines (VMs).. Today, there is an emergence of malicious code that can recognise when it's running in a virtual system and act accordingly. In 2013, WatchGuard predicts attackers will create even more VM-targeted malware that will be designed to take advantage of weaknesses found in many virtual environments.

Its Your Browser - Not Your System - that Malware Is After
WatchGuard anticipates a steep rise in browser-infecting malware in 2013. With increased adoption of cloud services, a great deal of personal data passes through web browsers. Many antivirus solutions focus on catching traditional malware that infects an operating system and aren't as effective at detecting browser-based infections. Now, a new type of malware has emerged. Sometimes called a Man-in-the-Browser (MitB) or browser zombie, it arrives as a malicious browser extension, plugin, helper object, or piece of JavaScript. It doesn't infect the whole system; instead it takes complete control of a browser and runs whenever the victim surfs the web.

Strike Back Gets a Lot of Lip Service, but Does Little Good
Strike back, which refers to launching a counter-offensive against cyber hackers will receive a lot of attention but won't be implemented in most organisations according to WatchGuard.. WatchGuard anticipates most organisations won't implement these measures given the jurisdictional challenges of digital attacks that bounce through several countries. We'll Pay for Our Lack of IPv6 Expertise While the IT industry has been slow to adopt IPv6 into their networks, most new devices ship IPv6-aware and can create IPv6 networks on their own. Many IT professionals don't have a deep understanding of IPv6's technicalities, yet they have IPv6 traffic and devices on their networks. This also means most administrators haven't implemented any IPv6 security controls, opening the door to attackers looking to exploit unprotected weaknesses.

Android Pick Pockets Try to Empty Mobile Wallets
Based on the following three factors, WatchGuard expects to see at least one vulnerability, even if just a proof-of-concept, that allows attackers to steal money from Android devices. Mobile malware is skyrocketing. Cyber criminals are targeting Android devices more than any other because of the platform's openness.

People are increasingly using mobile devices for online payments. Plus, many vendors, including Google, are starting to launch Mobile Wallets, which attach credit cards to mobile devices.

An Exploit Sold on the "Vulnerability Market" Becomes the Next APT
WatchGuard expects that at least one auctioned-off zero day exploit will emerge as a major targeted attack this year. Vulnerability markets or auctions are a new trend in information security, allowing so-called security companies to sell zero day software vulnerabilities to the highest bidder. While they claim to vet their customers and only sell to NATO governments and legitimate companies, there are few safeguards in place.

Andrew Wild, CSO, Qualys, predicts: Growth of cloud computing will lead to increased security requirements Increasing adoption of cloud computing and BYOD in the workplace means organisations need to be aware of risks and available security policies.

Enterprises are demanding more transparency from cloud providers as the market matures. Enterprise will create or adapt existing third-party risk management programmes for cloud service providers. Cloud service providers will be forced to conduct thorough risk analysis to assure clients that their data is safe.

Businesses are becoming increasingly comfortable with cloud computing, giving third-party providers the opportunity to demonstrate how secure they are.

Bringing BYOD under control Organisations will develop strong asset management programmes due to the growth of BYOD.

Businesses need strong device detection systems to alert them to any unauthorized devices. Organisations must possess an accurate inventory of all devices used in order to combat data leakage and similar security risks. Heightened risk posed by hackers and malware Organisations must find a balanced approach to employ against the heightened risk posed by hackers and malware. This approach must offer both detection and prevention.

Companies will be looking for people who can provide high-level threat analysis and correlation for them, rather than rely on in-house expertise.

There needs to be a way to correlate incidents with log data and provide analysis that can help develop effective responses.

Attacks against organisations continue to rise 97% of breaches that occurred in 2011 were avoidable with basic or intermediate controls such as password policies or vulnerabilities management controls.

The Data Breach Investigations Report formulated by The Verizon Business RISK team in cooperation with the United States Secret Service claims that the number of compromised records increased from four million in 2010 to 174 million in 2011.

Every enterprise should therefore make end user education and password management a priority as well as implementing a strong vulnerability management program.

Paul Clark, Regional Director UK, Ireland, South Africa & The Middle East at Algosec, predicts:
Prediction #1: Rewiring how we look at security Well continue to see the flood of highly-publicized security breaches (together with an unknown but likely higher number of unpublicized breaches) in 2013. It clearly demonstrates that we are not excelling at this task of preventing such attacks. The best approach to take is to assume you've been hacked and map out your security policy. This thinking is often easier said than done. After all, assuming your organization has been hacked is like admitting you have failed in your role to protect it. But like it or not, no matter how good you think your perimeter and endpoint security is, there is an extremely high likelihood that malware is already inside your network. While it may take some rewiring of how we think about security and policies, if you take the approach of assuming you have been hacked it can go a long way to being proactive about possible attacks.

Prediction #2: IT Security and IT Operations teams will bridge the gap between processes 2013 will be the year when the wall traditionally separating IT security and operations teams will come crumbling down. Both groups will continue to face the challenges of managing, supporting, and securing more dynamic and complex networks with the same or fewer resources. These groups will re-examine the roles and responsibilities within the Information Security team as well as with the IT Operations team and identify areas - such as change management and audits - where both teams play a significant role. Additionally, by designing plans with your counterparts that address these situations (or other knowns such as network upgrades, change freezes, and audits), you can minimize security risk from poor change our out-of-band change processes. To achieve this alignment, organizations must re-examine current IT and security processes and identify areas where to add or enhance the necessary checks and balances, without impeding productivity.

Prediction #3: The rise of bring your own network (BYON) Bring your own device (BYOD) will evolve into bring your own network (BYON). Smartphones and other devices enable laptops to connect to the Internet via Wi-Fi hotspots, bypassing all of an organizations network perimeter security measures: firewall, URL proxy, e-mail gateway, etc. iPhone users can easily turn their phone into a WiFi hotspot (Settings: General: Network, make sure Cellular Data is on and you will find a Personal Hotspot setting to activate). The challenge with BYON is that it gives users an easily accessible workaround to security policy. Improved security awareness across the organization is an important first step, though there is no easy way to enforce it. This will be an opportunity for security to respond and take appropriate actions.

About Infosecurity Europe
Infosecurity Europe, celebrating 18 years at the heart of the industry in 2013, is Europes number one Information Security event. Featuring over 350 exhibitors, the most diverse range of new products and services, an unrivalled education programme and over 12,000 visitors from every segment of the industry, it is the most important date in the calendar for Information Security professionals across Europe. Organised by Reed Exhibitions, the worlds largest tradeshow organiser, Infosecurity Europe is one of four Infosecurity events around the world with events also running in Belgium, Netherlands and Russia. Infosecurity Europe runs from the 23rd 25th April 2013, in Earls Court, London. For further information please visit www.infosec.co.uk
For further press information please contact Neil Stinchcombe on (0)20 7183 2833 or email neil@eskenzipr.com
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IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.Posted Wednesday, July 1, 2015

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.